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SenseTime Group (HKSE:00020) Cash, Cash Equivalents, Marketable Securities : HK$12,081 Mil (As of Dec. 2023)


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What is SenseTime Group Cash, Cash Equivalents, Marketable Securities?

SenseTime Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (HK$16,536.11 Mil) to Jun. 2023 (HK$14,082.59 Mil) but then stayed the same from Jun. 2023 (HK$14,082.59 Mil) to Dec. 2023 (HK$12,081.00 Mil).

SenseTime Group's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (HK$26,684.63 Mil) to Dec. 2022 (HK$16,536.11 Mil) and declined from Dec. 2022 (HK$16,536.11 Mil) to Dec. 2023 (HK$12,081.00 Mil).


SenseTime Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SenseTime Group's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SenseTime Group Cash, Cash Equivalents, Marketable Securities Chart

SenseTime Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial 8,856.42 20,529.39 26,684.63 16,536.11 12,081.00

SenseTime Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,684.63 17,456.86 16,536.11 14,082.59 12,081.00

SenseTime Group Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


SenseTime Group  (HKSE:00020) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.


SenseTime Group Cash, Cash Equivalents, Marketable Securities Related Terms

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SenseTime Group (HKSE:00020) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SenseTime Group Inc (HKSE:00020) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
Address
No. 1900 Hongmei Road, Xuhui District, Shanghai, CHN, 200233
SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The Company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of advanced AI software, the sale of AI software platform & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities in relation to AI technologyThe Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.

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